Business raises concerns over 0.5% construction investment levy
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Businesses concerned about 0.5% levy on construction investments

A levy of 0.5% of the investment volume to finance the development of technical standards in construction has caused concern in the business community. Representatives of the business community warn of risks to investment activity. The authorities say that it is possible to discuss the introduction of the mechanism, but not its expediency.
Светлана Руденко Reading time: 1 minute
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Commission on Economy, Budget and Finance

Public consultations on this issue were held in the Commission on Economy, Budget and Finance.

Sandra Dolgiy, manager of the Association of European Businesses, called this norm radical:

“Regarding the new norm of the Town Planning Code, the most radical version completely excludes the upper threshold of 50 thousand for investment in fixed capital. This is a serious problem that significantly affects investments and their predictability”.

Nicolae Kretsu, partner at Saiph Consulting House, said that the introduction of the 0.5% deduction does not meet the stated objectives of the government and the state as a whole to stimulate investments. He emphasized that any additional taxation creates a deterrent effect on investment activity and requires a careful assessment of its impact.

“Our request is this: if possible, provide for the exclusion of this fee, in order to follow the line previously announced by the Minister of Finance on the need for a simpler tax code with fewer taxes. These deductions going to the Ministry of Finance could maybe be offset by other taxes or contributions. Or, if necessary, introduce them based on a serious impact analysis. It is necessary to assess the real impact of these deductions and return at least to the previous level – to the ceiling that was in force until January 30, 2025, before the introduction of the Town Planning Code,” – said Kretsu

PAS deputy Vasile Gradinaru said that the discussion concerns the application of the norm, not its expediency.

“Today, after more than 30 years of independence, we do not have a single national, regional or municipal development document. We have no European codes – there are only GOSTs and nothing else,” the MP said.



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